President Trump arrives on Long Island to deliver remarks on law enforcement at Suffolk Community College in Ronkonkoma, N.Y., on July 28. Nicholas Kamm/AFP/Getty Images hide caption
toggle caption Nicholas Kamm/AFP/Getty Images
The Trump administration said Thursday that it would end the Affordable Care Act’s cost-sharing reduction payments designed to help low-income Americans get health care. Not paying the subsidies, health care experts have warned, could send the health insurance exchanges into turmoil.
The decision ends speculation about whether the Trump administration would continue making the monthly payments to insurers. That money particularly helps people earning between 100 percent and 250 percent of the poverty level pay for the insurance and health care they get through the exchanges set up by the Affordable Care Act, also known as Obamacare.
Ending the payments could cause premiums to spike, push insurers out of the marketplace, and even cost the government $2.3 billion more than it would otherwise spend, according to one analysis.
It was not clear when the payments, known as CSRs, would end.
The news was not received well by Democratic leaders on Capitol Hill. In a joint statement, House Minority